NYC’s Pay Transparency Law Starts In November: Here Are Three Ways Your Company Can Promote Pay Equity

📆 6/11/2022 4:15 a. m.
📰 Forbes

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NYC's pay transparency law goes into effect in November. The law will require employers with at least four employees to include salary ranges in job postings. Aside from transparent salaries, what else can be done? This article explores three specific ways to promote pay equity.

negotiate their salaries but are less likely to get the salary they are requesting and experience negative consequences when they do so. Hire an expert in pay audits and analyses and have them conduct a pay review

. Don’t shy away from sharing with employees that pay audits are being conducted to let them know that there are steps being made to promote pay equity.... [+]. Organizations should encourage conversations about salary. Within society and different cultures around the world, talking about salary is still. Create opportunities for employees to have honest and transparent conversations about salary.

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Minimum wage after tax. Is 12.26.

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